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TSP returns inch up in July

By
Jack Moore

Returns for most of the Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.

The G Fund, made up of government-backed securities, which posted returns of 0.12 percent, remained almost unchanged from a month ago. Year-to-date it's up 0.91 percent.

However, the C, S and I Fund all fell slightly from last month, but stayed in positive territory. Returns for the I Fund, which tracks international stocks, posted the largest fall — from 7.08 percent in June to just 0.56 percent this month.

The L Funds — a mix of the core funds that correspond to the date when the employee will begin drawing benefits after retirement — all posted modest gains.

Year-to-date, all of the funds are in the black, with the C Fund up more than 11 percent and the S Fund posting gains of more than 8.5 percent.

However, while the I Fund is up 3.83 percent since the the start of the year, over the last 12 months, the fund is down more than 11.6 percent.